Visa On Verge Of Possible Breakout

  Visa Inc. (NYSE:V) the payment processing platform company has traded well so far in 2011 and continues to act well.  I have discussed Visa Inc. (NYSE:V) before and it is now again getting close to setting up for a high probability trade. On the weekly...
Friday Morning Market Thoughts

Friday Morning Market Thoughts

Boom!  Nonfarm payrolls 54k vs 169k concensus expectations.  The futures shaved off a quick 15 points on the back of this and are hovering around the $1295 mark. Yesterday's trade was marked by consolidation, which was to be expected after...
Visa Getting Its Grove On Today

Visa Getting Its Grove On Today

We've discussed Visa at length over the past few months.  Read HERE for example.   After running up to a major resistance area at $81 the stock tumbled a quick 5% and found support at a rising 50 day moving average.   Visa is now again running up to...
Mid-Week Market View – May Selling?

Mid-Week Market View – May Selling?

As I sit here early Wednesday morning looking at yesterday's market action and the early trading in European markets, I notice the lack of energy in the tape.  Since putting in a recent bottom last Thurday, the S&P500 jumped higher and last night closed...